The Magistrate, Mrs L.Y. Balogun, slammed on the accused a bail of N200,000 and with two sureties in like sum.
Balogun said one of the sureties should either be a religious leader or a traditional leader.
The News Agency of Nigeria (NAN) reports that Kayode, who resides at No.8, Oladelu Street, Ogba in Ikeja, is standing trial on a two-count charge of rape and breach of peace.
The accused pleaded not guilty.
Earlier, Prosecutor Jimah Iseghede told the court that the accused committed the offences sometime in May and July at his residence.
Iseghede said Kayode, after assaulting the boy, overpowered him before he had a carnal knowledge of the lad.
“The boy, who is deaf and dumb, resides in the same neighbourhood with the accused.
“The accused always sends the boy on errands and on that day, he also sent him on an errand and lured him to his house and had a carnal knowledge of him by penetrating his anus.
“Kayode took advantage of the boy because of his condition … due to the pains he was experiencing he told his parents what the teacher had done to him,” he said.
Iseghede noted that the offences contravened Sections 166 and 258 of the Criminal Law of Lagos State, 2011.
Section 258 prescribes life imprisonment for rape or sexual assault by penetration.
The case has been adjourned till Sept.30 for mention.